Paddy Cosgrave, who saw the company's recent Hong Kong 'Rise' conference attract 5,000 delegates, also said that the company has planned new conferences for India and New Orleans next year. Over 20,000 people are expected to attend this year's Web Summit event in Dublin.

"Rise has broken all attendance records for a first-time event for us," said Mr Cosgrave.

“Next year we will have 'Collision' in New Orleans, 'Surge' in India and 'Rise' again in Hong Kong. We are growing."